Since 2008, there have been over a million solar installations across the country as an increasing number of Americans choose to power their daily lives with the sun’s energy.
Thanks in part to the Solar Energy Technologies Office's investments, the cost of going solar goes down every year. This clean energy source is making our air easier to breathe while helping solar homeowners improve the value of their homes.
You may be considering the option of adding a solar energy system to your home’s roof or finding another way to harness the sun’s energy. Below are some benefits of switching to solar electricity.
The U.S. Department of Energy Solar Energy Technologies Office (SETO) supports early-stage research and development to improve the flexibility and performance of solar technologies that contribute to a reliable and resilient U.S. electric grid.
As the SunShot Initiative works toward new solar energy cost targets for 2030, projects across the country are already working to make it faster, easier, and more affordable for Americans to go solar—from developing groundbreaking photovoltaic technology, to creating efficient manufacturing processes, to making solar energy available regardless of the weather or time of day.
Learn more about SunShot’s 2030 goals at energy.gov/sunshot2030.
SETO plays a crucial role in the growth of U.S. solar energy, partnering with hundreds of private companies, universities, state and local governments, nonprofit organizations, and national laboratories to fund cooperative research, development, demonstration, and deployment projects that drive down the cost of solar electricity. Below are success stories from just a few of the several hundred projects.
Financial returns and lower monthly utility bills are major incentives for going solar. The exact savings you will see with solar depends on the following:
- Electricity Consumption
- Solar energy system size
- Whether you purchase or lease your system
- Direct hours of daily sunlight
- Size and angle of roof
- Local electricity rates
Many states, including Florida offer tax benefits for certain properties with solar panels. A solar electric system provides an opportunity for anyone who is looking to reduce monthly utility bills and make a long-term, low-risk investment.
Increased Home Value
Solar panels are viewed as upgrades, like a renovated kitchen or a finished basement, so purchasing a solar energy system will likely increase your home’s value. Studies show that homeowners pay a premium for a solar home; one study by Lawrence Berkeley National Laboratory showed that on average, solar increased the value of a home by about $15,000. Although market factors like electricity rates and system size may impact the size of the premium, solar homes can sell for more than homes without PV. Learn more about solar and real estate.
Solar Works Everywhere
The solar resource of the United States is enormous. In fact, just one hour of noontime summer sun is equal to the annual U.S. electricity demand. Most states in the United States have good-to-excellent solar resource. Even places with relatively low solar resources, such as the Pacific Northwest and Alaska, can experience cost savings, and have similar solar resources to countries that have widely developed solar PV, like Germany.
Each kilowatt-hour (kWh) of solar that is generated will substantially reduce greenhouse gas emissions like CO2, as well as other dangerous pollutants such as sulfur oxides, nitrogen oxides and particulate matter. Solar also reduces water consumption and withdrawal.
To determine if your house is suitable for solar, contact us at email@example.com